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The State Bank of Pakistan has maintained the status quo since June last year after it reduced the policy rate from 13.25pc in about three months following the outbreak of Covid-19. Dawn/File KARACHI: Analysts expect that the State Bank of Pakistan (SBP) will keep the benchmark interest rate unchanged at seven per cent at the upcoming meeting of the monetary policy committee (MPC) next week. The MPC will announce the policy rate which is the rate at which commercial banks are allowed to borrow from the SBP on an overnight basis to meet their daily reserve requirements for the next two months on July 27.

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